1 / 9

Features That Influence Hiring Of Expatriate Executives In China

There is a wide gap between the demand and the availability of professionals suited for senior business executive roles in China. This has naturally led to a rise in the trend of companies competing in terms of trying to attract and retain international executive talent. In order to gain maximum efficiency and best results in terms of the quality and competence of candidates, most organizations choose to hire the services of the best retained executive search firm in China. However, even these professional firms need to consider the various factors that influence the hiring of the perfect expatriate candidates to maintain their own efficiency and fulfil the objective of the client in a reliable manner. Discussed below are the most common factors of these factors that need to be considered by search firms for recruiting international talent.<br><br>• Location Of The Company<br>• Compensation Packages Being Offered<br>• Tax And Other Deductions<br><br>The compensation being provided by the company is undoubtedly the most important factor to be considered in the hiring process. For the expatriate candidates being considered for a job option in China, the compensation package comprises of two different elements. The first of these is the cash compensation that the executive will be receiving in the form of gross salary. The second and perhaps the most significant element according to the consultants from top leadership coaching firm in China, is the additional benefits that the executives receive. These generally include the housing allowance, international school tuition for kids, transportation facilities and other material benefits.<br>

cornerstonechina
Télécharger la présentation

Features That Influence Hiring Of Expatriate Executives In China

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com Features That Influence Hiring Of Expatriate Features That Influence Hiring Of Expatriate Executives In China Executives In China

  2. Features That Influence Hiring Of Expatriate Features That Influence Hiring Of Expatriate Executives In China Executives In China There is a wide gap between the demand and the availability of professionals suited for senior business executive roles in China. This has naturally led to a rise in the trend of companies competing in terms of trying to attract and retain international executive talent. In order to gain maximum efficiency and best results in terms of the quality and competence of candidates, most organizations choose to hire the services of the best retained executive search firm in China. Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com

  3. Features That Influence Hiring Of Expatriate Features That Influence Hiring Of Expatriate Executives In China Executives In China However, even these professional firms need to consider the various factors that influence the hiring of the perfect expatriate candidates to maintain their own efficiency and fulfil the objective of the client in a reliable manner. Discussed below are the most common factors of these factors that need to be considered by search firms for recruiting internationaltalent. 1. Location Of The Company 2. Compensation Packages Being Offered 3. Tax And Other Deductions Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com

  4. Features That Influence Hiring Of Expatriate Features That Influence Hiring Of Expatriate Executives In China Executives In China Location Of The Company : The high cost of living and rising pollution levels in tier 1 cities across mainland China, has proven to be a major deterrent for organizations seeking top level candidates to be located in such cities. In fact, it is becoming increasingly difficult for even the best search firms to find candidates willing to work in such cities for an extended period of time. Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com

  5. Features That Influence Hiring Of Expatriate Features That Influence Hiring Of Expatriate Executives In China Executives In China Even so, the hiring companies are expected to provide a high compensation package along with various other perks and benefits to the few candidates willing to take up the jobs in these cities. At the same time finding the right candidates for companies operating in tier 2 cities and even the remote parts of China is not that difficult or even expensive. Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com

  6. Features That Influence Hiring Of Expatriate Features That Influence Hiring Of Expatriate Executives In China Executives In China Compensation Packages Being Offered : The compensation being provided by the company is undoubtedly the most important factor to be considered in the hiring process. For the expatriate candidates being considered for a job option in China, the compensation package comprises of two different elements. The first of these is the cash compensation that the executive will be receiving in the form of gross salary. Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com

  7. Features That Influence Hiring Of Expatriate Features That Influence Hiring Of Expatriate Executives In China Executives In China The first of these is the cash compensation that the executive will be receiving in the form of gross salary. The second and perhaps the most significant element according to the consultants from top leadership coaching firm in China, is the additional benefits that the executives receive. These international school tuition for kids, transportation facilities and other material benefits. generally include the housing allowance, Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com

  8. Features That Influence Hiring Of Expatriate Features That Influence Hiring Of Expatriate Executives In China Executives In China Tax And Other Deductions : The amount of tax payable and the other deductions as compared to the cash compensation received also plays a key role in attracting and retaining the right expatriate candidates. If the candidates feel that they are not making enough savings, they might not feel too inclined to take up the job irrespective of the scope of growth and financial stability it offers. Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com

  9. Features That Influence Hiring Of Expatriate Features That Influence Hiring Of Expatriate Executives In China Executives In China As such the recruiting firms need to ensure that the compensation received by the expatriates is structured in such a manner that it minimizes taxes and other deductions within the legal framework of Chinese employment laws. In this context, they should seek the advice and guidance of professional lawyers and taxation experts working in this specific niche. It is equally important to make the hiring companies aware of this basic fact and help them restructure their salary packages to maximize the benefits received by the executives. Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com

More Related